{"id":873199,"date":"2025-09-15T21:13:17","date_gmt":"2025-09-16T02:13:17","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/15\/bitmines-ether-treasury-crosses-2-15m-stake-in-worldcoin-vehicle-rises-10-fold\/"},"modified":"2025-09-15T21:13:17","modified_gmt":"2025-09-16T02:13:17","slug":"bitmines-ether-treasury-crosses-2-15m-stake-in-worldcoin-vehicle-rises-10-fold","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/15\/bitmines-ether-treasury-crosses-2-15m-stake-in-worldcoin-vehicle-rises-10-fold\/","title":{"rendered":"BitMine’s Ether Treasury Crosses 2.15M, Stake in Worldcoin Vehicle Rises 10-Fold"},"content":{"rendered":"
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BitMine’s Ether Treasury Crosses 2.15M, Stake in Worldcoin Vehicle Rises 10-Fold<\/h2>\n

The firm’s $214 million stake in Worldcoin-linked Eightco highlights its first equity “moonshot” alongside growing ETH reserves.<\/h2>\n

Updated Sep 15, 2025, 2:17\u202fp.m. <\/span>Published Sep 15, 2025, 2:02\u202fp.m. <\/span><\/p>\n<\/div>\n

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BitMine Immersion Technologies (BMNR), the digital asset treasury company focused on Ethereum’s ether (ETH) and helmed by Fundstrat’s Tom Lee, said its crypto, cash and equity holdings hit $10.77 billion.<\/p>\n

As of Sunday, the Las Vegas-based firm held 2,151,676 ETH, adding 82,233 tokens to its stash last week<\/a>, according to a Monday press release<\/a>. It also held $569 million in unencumbered cash. The ether is worth $9.7 billion at current prices.<\/p>\n

Its equity stake in Worldcoin-focused Eightco (OCTO), a new crypto treasury firm centered on iris scanning project Worldcoin WLD<\/span><\/svg><\/span>$1.4991<\/span><\/span><\/span><\/a><\/span>, rose to $214 million. That’s more than 10 times the initial $20 million investment<\/a>, marking BitMine’s first bet in a fellow digital asset treasury play what it calls “moonshots.”<\/p>\n

Since the firm’s pivot to ether in June, BitMine has emerged as the second-largest public corporate owner of a cryptocurrency, trailing only pioneer Strategy’s $73 billion bitcoin stash.<\/p>\n

Treasury firms have been under pressure<\/a> over the past weeks with some stocks trading below the net asset value of their underlying holdings. Rival Ethereum treasury company Sharplink Gaming, for example, last week bought back equity<\/a> to lift its share price.<\/p>\n

Read more: Corporate Bitcoin Buying Slowed in August as Treasuries Add $5B<\/a><\/em><\/strong><\/p>\n<\/div>\n

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